Investor Alleges James Dickerson Omitted Information
James Dickerson (CRD #: 4961195), a broker registered with Edward Jones, allegedly failed to act in a client’s best interest, according to his BrokerCheck record, accessed on August 19, 2022. Keep reading if you want to know more about his conduct as a broker.
Investor Dispute
On May 10, 2022, an investor alleged that James Dickerson failed to act in her best interests by failing to inform her of the potential tax implications of liquidating and transferring assets into her Edward Jones Advisory Solutions account. The client seeks $548,585 in this pending dispute.
FINRA Rule 2020
The omission of information regarding investments violates FINRA Rule 2020, which prohibits brokers from using manipulative, deceptive, or otherwise unethical tactics to influence investors’ decisions.
Regulation Best Interest
Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their client’s best interests first by conducting due diligence when making investment recommendations and disclosing any conflicts of interest.
Background Information
James Dickerson has passed the following exams:
- Series 66 – Uniform Combined State Law Examination
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 – General Securities Representative Examination
James Dickerson is a registered broker in 22 states and a registered investment adviser in Tennessee and Texas.
Kurta Law Can Help
If you worked with James Dickerson and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.
For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means the firm only earns a fee if our securities attorneys recover money on your behalf.